SAIC to Upgrade Marines’ AAVs for $194M; Tony Moraco Comments

Tony Moraco
Tony Moraco

TYSONS CORNER, VA, February 2, 2016 — Science Applications International Corp. (NYSE: SAIC) will equip 10 prototype amphibious assault vehicles with armor protection, new transmissions, blast-mitigating seats and upgraded suspension systems under a $194 million contract, ExecutiveBiz reported Monday.

The Post and Courier reported Friday the U.S. Marine Corps will test the prototypes for eight months then decide in 2017 if the upgrades will be fitted to 392 other AAVs.

According to the report, SAIC CEO Tony Moraco said the company collaborated with the Marines to develop the requirements for the program.

“[It is] fundamental that we can get new capabilities to the field as fast as we can but always have an upgrade path as part of that, ” he said.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

Contact:
David Smith
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david.smith@executivemosaic.com

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